book originally posted by flyzipper
I’ve decided to start a book club in the New Year. I am going to kick off by reviewing some the personal finance books I received for Christmas including:
The Richest Man In Babylon by George Clason
Why Smart People Make Big Money Mistakes and How to Correct Them by Gary Belsky
What I need from you though is some suggestions. I am open to reviewing any personal finance book you think worthy. The more suggestions the merrier.
To try and get as many great suggestions as possible I have decided to run a small competition.
The competition is simple:
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Leave a comment on this post giving the title of the book you think I should review and the reason you think it is worthwhile reviewing.
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Only one entry per person.
I will be choosing a winner on New Years Day (1st January). The winner will be chosen by me and my decision will be based on the value of the comment to myself and to other readers.
Once I have chosen a winner, I will be writing a review of their suggested book just as soon as I can get a copy.
The winner will receive:
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One personal finance book of their choice up to the value of $30
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I will also link back to the winner’s blog and to a post of their choice when I write the book review
Good Luck to Everyone!!
IMPORTANT NOTE:
The winner must choose a book that is available on Amazon.com or Amazon.co.uk
12 comments ↓
I did a review of Wise Investing Made Simple by Larry Swedroe a while back and I thought it was an excellent investment book. The nice thing about it are the stories that provide insight on the inner working of the stock market and how investing in index funds (properly allocated and diversified, of course) is the best way for average investor to win the game.
Well, I’m a big fan of Vanguard funds and so one of the books on my “I plan to read this” list is The Boglehead’s Guide to Investing. It looks really interesting and it seems to be written by people with my investing philosophy.
I think the Automatic Millionaire is a good book to get people started on the idea about automatic investing and paying yourself first. IT may not be the best book in terms of investing, but it has a broad reach, is very accessible, and shares an important message.
I quite like Your Money or Your Life by Dominguez and Robin but I found that it’s difficult to get hold of in the UK (I got my copy in the US). I’d actually like to see a review of a British book, like The Money Diet by Martin Lewis.
[…] and enter the book competition at generation y finance. All you have to do is leave a comment on this post saying which book you would like to be reviewed and why. The winner gets a personal finance book […]
I would like to see a review of A Random Walk Down Wall Street by Burton Malkiel. The person that recommended it to me told me that it basically debunks all of the different schools of investing out there. I am a few pages in. So far it seems accessible to beginning investors yet interesting for more advanced investors. (I’m pretty sure this book won’t mention “the magic of compounding” as if money comes out of thin air, readers are too stupid to understand, and the writer has better things to do than explain.)
Anyway, I think it would make an interesting review, especially after you do a couple of books about fundamentals analysis or value investing.
The Only Investment Guide You’ll Ever Need by Andrew Tobias was the first finance book I ever read, and it remains my favorite. It’s a readable, entertaining, and fairly concise guide to the basics of money management and investing. It stresses common sense, understanding risk, and spending less than you make, and I found it to be a great introduction to personal finance when I was a junior high school student with no prior knowledge of the topic.
Thanks for all the comments so far. I think it’s going to be a close call as to who gets the prize, but we shall see. Good luck to everyone!
“The Average Family’s Guide to Financial Freedom,” by Bill and Mary Toohey… I want you to review this book, because I believe it speaks to the majority of us who have average incomes, yet want to grow our wealth.
The Coffeehouse Investor by Bill Schultheis would be an excellent choice. The book is a short, catchy guide to investing via index funds.
i just left uni and read the Automatic Wealth for Grads… and Anyone Else Just Starting Out by Michael Masterson. I t really helped me put my finances out and is definitly worth checking out.
[…] a look at the comments over on the original post for some more great ideas and I’ll let you know which book she chooses as her prize … it […]
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